BRIEF

on COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN (isin : FR001400AJ45)

Michelin: Summary of transactions in own shares as of November 28, 2025

On November 28, 2025, Michelin carried out a series of transactions involving its own shares as part of a share buyback program. The transaction concerned ordinary shares identified by the ISIN code FR001400AJ45. A total of 707,752 shares were acquired at a weighted average price of €28.2585 per share. The transactions were conducted over-the-counter.

BNP Paribas acted as intermediary for this transaction, which primarily involved the cancellation of the repurchased shares. This operation is part of a structured capital management program, potentially contributing to supporting the share price and optimizing the financial structure of the Clermont-Ferrand-based company.

R. P.

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